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Multifamily Loans in
Menomonee Falls, WI

Overview

Menomonee Falls is located in a good market for 5+ unit multifamily loans. Multifamily loans in Menomonee Falls are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Menomonee Falls are competitive. Menomonee Falls apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Menomonee Falls.

Get multifamily loan quotes for Dec 02, 2021


Multifamily Loan Rates in Menomonee Falls, WI

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Menomonee Falls are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.74% - 4.44%
7 Year Fixed 3.68% - 4.38%
10 Year Fixed 3.79% - 4.49%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.37% - 3.61%
7 Year Fixed 3.25% - 3.49%
10 Year Fixed 3.47% - 3.71%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 4.04%
7 Year Fixed 3.28% - 3.98%
10 Year Fixed 3.39% - 4.09%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
10 Year Fixed 3.25% - 3.65%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/01/2021. This is not an offer or commitment to lend. Multifamily loan rates in Menomonee Falls may vary based on income, leverage and other factors. Fannie Mae is a registered trademark of Federal National Mortgage Association Corporation. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Dec 02, 2021


Multifamily Lenders in Menomonee Falls, WI

All major multifamily lender types are lending in Menomonee Falls.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse and non-recourse

Insurance
Companies

  • Long term fixed rates
  • Lower leverage
  • Tax returns usually required
  • Recourse and non-recourse

Conduits
(CMBS Lenders)
  • Intermediate term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options

Get multifamily loan quotes for Dec 02, 2021


Menomonee Falls Market

The city of Menomonee Falls in Waukesha County has a population of 38,014. The median rent in Waukesha County for a 2 bedroom is $1,033. The median Menomonee Falls resident is 43 years old with a yearly income of $41,026. The average family has 3.03 members and a median household income of $82,396. Menomonee Falls has a 45% higher education rate. The unemployment rate in Menomonee Falls is 2.9%.


Population
38,014 people

County
Waukesha County

Renters

25% of Menomonee Falls households are renters.


Rent Burden

29.7% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Waukesha County 1
Wisconsin 2
National 2
Studio $704 $595 $737
1 bedroom $853 $668 $813
2 bedroom $1,033 $856 $1,015
3 bedroom $1,319 $1,127 $1,325
4 bedroom $1,446 $1,256 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Menomonee Falls Demographics


Median Individual Income
$41,026 / year

Median Household Income
$82,396 / year

Families w/ Dual Incomes
66%

Unemployment Rate
2.9%
Household Income Distribution
Menomonee Falls, WI

Median Age
43 years

Avg Family Size
3.03 people
Age Distribution
Menomonee Falls, WI

College Education or Above
45%

STEM College Graduates
44%
Education Distribution
Menomonee Falls, WI
Source: U.S. Census Bureau

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